Commodities Daily - June 8, 2018
Oil up with Venezuelan supply risks at center stage amid concerns of OPEC supply hike. Following yesterday's surge, today we expect Brent to slide towards $76/bbl on profit taking and in light of the weaker stock market performance in both Asia and the EU so far.Gold prices fail to hold above $1,300/oz once again; G7 summit eyed. Today, we expect gold prices to surge and once again attempt to hold above $1,300/oz on safe-haven demand ahead of what is expected to be an acrimonious G7 summit.
Sberbank CIB Investment Research is a research firm offering equity, fixed income, economics, and strategy research. It covers analysis on all aspects of Russia’s capital markets, issues and industries. The firm analyzes trends in Russia and combines local knowledge with a global perspective. It processes macroeconomic data, market and company-specific news, stock quotes and other information for providing research reports. The firm provides details and latest prices on the most traded names and most traded paper on all segments Russian market. In strategy research, it provides thematic research, tips and descriptions of the methodology used to evaluate companies.
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